[Tether Participates in Stablecoin Development Corporation's $134 Million Funding Round] According to Golden Finance, stablecoin issuer Tether announced that its investment arm participated in Stablecoin Development Corporation's $134 million funding round. The company is dedicated to providing open market investment channels for the stablecoin economy and advancing digital asset infrastructure development. This funding round also included participation from institutions such as Framework Ventures. Reportedly, Stablecoin Development Corporation, as an on-chain holding platform, is building an ecosystem around the practical applications of stablecoins and DeFi, covering scenarios such as payments, transfers, and cross-platform capital flows. It is also committed to optimizing user experience and lowering usage barriers.